Invest In CG Consumer @138 - Exploit Market Selloff With Short Term Investment View The Recent Decision By Indian Government To Demonetization Of 500 &1000 Notes Disrupted The Market.

Most of the traders don't have the ready cash to do
the payment as well as consumers don't have the cash too. It is expected that
the buying capacity of Indians will come back in next three months.The sudden disruption in the consumer goods
segment dented the sentiments of investors as well as many investors are
selling stocks to get the hard cash.

In the process many investors are forced to sell even
good companies share which they hold. The lack of buyers and heavy supply of
shares in the market is drifting CG consumer’s shares in the downward spiral.
Stock corrected more than 30% and offer good buying opportunity for those
buyers looking for quick gains in short term. In my point of view, the entry
point should be 138 and exit point should be around 175 which one may expect in
next three months.

About
Devendra Prasad

20 years plus industry veteran of domestic and international ICT domain with the expertise in Business, Technology, Strategy and Analysis. Specializes in forecasting impact analysis, trends and recommendations for Investments, Technology and Regulations.